Studio · 696 sqftTuscan Residence 1 - The Florence 2, Jumeirah Village Circle (JVC) · Ground floor · completed 2011

G08, Tuscan Residence 1 - The Florence 2

Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 424K19 April 2012
Current rentAED 39K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Tuscan Residence 1 - The Florence 2

What is G08 worth today?

Last sold for AED 424,250 in 2012

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10 Aug 2025RentedNew contract
AED 38,500/yr12 months · AED 55 per sqft
10 Aug 2024RentedRenewal
AED 38,500/yr12 months · AED 55 per sqft
10 Aug 2023RentedNew contract
AED 35,000/yr12 months · AED 50 per sqft
1 Dec 2018RentedNew contract
AED 37,000/yr12 months · AED 53 per sqft
1 Sep 2016RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
10 Oct 2013RentedNew contract
AED 42,000/yr12 months · AED 60 per sqft
19 Apr 2012SoldReady
AED 424,250AED 609 per sqft
29 Aug 2010Sold by developerOff-plan
AED 424,250AED 609 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
Studio apartment
Size
696 sqft
Floor
Ground of 4
Parking
B-90
Developer
DAMAC
Completed
2011
Service charge
AED 8,200 /yr
Last sold
AED 424K · April 2012

About G08, Tuscan Residence 1 - The Florence 2

G08 is a studio of 696 sqft on the ground floor of Tuscan Residence 1 - The Florence 2, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2011 by DAMAC. It last sold on 19 April 2012 for AED 424,250, or AED 609 per sqft, 33% below the AED 907 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 August 2025, is AED 38,500 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 8,200 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical studio in Tuscan Residence 1 - The Florence 2
400K2009201420192024Typical sale price by year: 2009 AED 521,700; 2010 AED 458,895; 2011 AED 461,000; 2012 AED 521,700; 2013 AED 472,500; 2014 AED 505,000; 2015 AED 500,000; 2017 AED 545,000; 2021 AED 295,000; 2023 AED 400,000; 2024 AED 495,000; 2025 AED 472,385Sold by developer, August 2010: AED 424,250 (AED 609 per sqft)Sold, April 2012: AED 424,250 (AED 609 per sqft)

G08 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G08, each contractTypical studio in Tuscan Residence 1 - The Florence 2
20K40K2012201620202024Typical rent by year: 2012 AED 30,000; 2013 AED 28,000; 2014 AED 32,250; 2015 AED 46,500; 2016 AED 50,000; 2017 AED 44,000; 2018 AED 41,000; 2019 AED 33,000; 2020 AED 26,000; 2021 AED 24,000; 2022 AED 28,850; 2023 AED 33,000; 2024 AED 37,950; 2025 AED 40,950; 2026 AED 38,400New contract, October 2013: AED 42,000 a yearNew contract, September 2016: AED 50,000 a yearNew contract, December 2018: AED 37,000 a yearNew contract, August 2023: AED 35,000 a yearRenewal, August 2024: AED 38,500 a yearNew contract, August 2025: AED 38,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Tuscan Residence 1 - The Florence 2, and where G08 sits

All 29 studios →

G08 last sold in April 2012 at AED 609 per sqft, 33% below what studios in Tuscan Residence 1 - The Florence 2 were fetching at the time (AED 907). Over the last 12 months studios sold for AED 430,300 to 585,000, around AED 775 per sqft, and rent for AED 32,550 to 66,000 a year. G08's AED 38,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026430,300
26 Dec 2025585,000
15 Dec 2025474,770
8 Aug 2025450,000
3 studio sales in the last 12 months

Tuscan Residence 1 - The Florence 2

Building

79 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2011 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 775
Typical sale
AED 585K
Typical rent
AED 55K /yr
Typical yield
8.4%
Tuscan Residence 1 - The Florence 2, Jumeirah Village Circle (JVC): prices, sales and rents →
Value
G011-bedAED 393K · Apr 2021
G021-bedAED 852K · Apr 2013
G031-bedAED 1.04M · Mar 2012
G041-bedAED 750K · Sep 2023
G051-bedAED 844K · Aug 2013
G061-bedAED 915K · Aug 2013
G06A1-bedAED 1.05M · Dec 2011
1–7 of 10

G08, Tuscan Residence 1 - The Florence 2 in numbers

  • Sold twice: first on 29 August 2010 for AED 424,250, last on 19 April 2012 for AED 424,250 (AED 609 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 42,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2012 price is 9.1%, before a service charge of about AED 8,200 a year (AED 11.77 per sqft).
  • Studios in Tuscan Residence 1 - The Florence 2 sold for AED 430,300–585,000 in the 12 months to November 2026; the building's median across all types is AED 775 per sqft.

Source: Dubai Land Department. Updated 10 August 2025.

Questions about G08, Tuscan Residence 1 - The Florence 2

What did unit G08 last sell for?

AED 424,250 on 19 April 2012: AED 609 per sqft for 696 sqft. The unit has 2 registered sales; the first was AED 424,250 in August 2010.

What is the rent for unit G08?

AED 38,500 a year on the contract signed on 10 August 2025. The previous contract, from August 2024, was AED 38,500; the unit has been rented since October 2013.

How big is unit G08?

696 sqft (64.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.

What is unit G08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Tuscan Residence 1 - The Florence 2 sold for AED 430,300 to 585,000 in the last 12 months, around AED 775 per sqft.

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Mortgage on G08, Tuscan Residence 1 - The Florence 2

Starts from the last sale price (AED 424K, 19 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 424,250
Deposit, UAE resident (20%)
AED 84,850
Deposit, non-resident (40%)
AED 169,700
Monthly over 25 years at 3.7%
AED 1,736

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →